Logo: 100 Years, Federal Reserve System
 

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1929: Great Depression

The Great Depression period is 1929 through 1941.
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1929: Stock Market Crash of 1929

On Black Monday, October 28, 1929, the Dow declined nearly 13 percent.
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1930: 1930-31 Banking Panics

In the fall of 1930, the economy appeared to be poised for recovery.
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1931: 1931-33 Banking Panics

The nature of the financial crisis changed in the fall of 1931, when the commercial banking crisis spread throughout the entire nation.
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1932: Banking Acts of 1932

The banking acts of 1932 responded to concerns about the structure and mission of the Federal Reserve.
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1933: Bank Holiday Declared

For an entire week, Americans would have no access to banks or banking services.
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1933: Emergency Banking Act

Emergency Banking Act was intended to restore Americans' confidence in banks when they reopened after the 1933 Bank Holiday
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1933: Roosevelt's Gold Program

The Roosevelt administration's policies regarding gold and dollars were controversial and consequential.
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1933: Glass-Steagall Act

The Banking Act of 1933, commonly called Glass-Steagall, was signed into law on June 16, 1933.
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1934: Gold Reserve Act

The Gold Reserve Act of 1934 was signed by President Roosevelt on January 30, 1934.
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1935: Banking Act of 1935

The Banking Act of 1935, which President Roosevelt signed on August 23, completed the restructuring of the Federal Reserve.
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1937: Recession of 1937-38

According to the NBER, the 1937 contraction, which lasted from May 1937 until June 1938, was America’s third-worst recession of the twentieth century, paling in comparison to the 1920 and 1929 downturns.
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